For individuals who want to insure their money machine, we offer extensive expertise and resources for disability income insurance.
Nobody is immune from disabilities. In fact, the risk of total disability is greater than the risk of death between the ages of 20 and 65! Put another way, the chances of needing it are many times higher than the chance of needing your homeowners insurance; yet would you risk not having homeowners insurance, even if you owned your home with no mortgage? Hardly! If you had a money machine at your house, wouldn’t you insure it? You are a money machine, as long as you are able to earn your income!
Which job would you rather have?
Healthy – $100,000
Disabled – $0
Healthy – $97,000
Disabled – $60,000
If not properly prepared, disability, especially long-term, can be ruinous to a household’s finances. Why? Because income goes down, and expenses go up!
Income goes down — If the disabled person is a household’s sole breadwinner, the disaster is obvious. If not the sole breadwinner, the disabled person often needs care or assistance from others in the household. That other is often the “significant other” who may be too stressed to work full time, or is not in a position to start working full time now, to try to make up for the disabled person’s lost income.
Expenses go up – medical expenses, pharmaceuticals, therapies, durable medical equipment, appliances (e.g. wheelchair); modifications to entry ways, living quarters, and bathrooms; automobile modifications; home health care or other assistance, and all the associated travel.
“Disability insurance and paid sick leave are critical to financial survival of a serious illness.”One of our specialities is Idaho Falls Disability Insurance and we are local. We can help you get the disability insurance you need – and you need to apply while you qualify. And, although we can’t help you get more paid sick leave, we can help you replace out of pocket expenses by taking advantage of supplemental insurance.
Business Owners – you have multiple disability income considerations:
- Self – individual disability income (DI)
- Business – overhead expense DI
- Partnership – disability buy out
- Employees – group or individual DI Qualified Sick Pay Plan
- Key Employees – Guaranteed Standard Issue (individual, therefore portable without increasing premiums)
Let us prepare a no obligation evaluation for you – contact us!
By now, you have been thinking about what you were going to do for yourself, your family, your business, or your employees when it comes to disability income insurance. In today’s world, it is imperative that you make sure that you have disability income coverage that you can trust. It’s simple, give us a call so we can personally go over the options that you have. You will be amazed at the options with Idaho Falls Disability Income Insurance; it’s that easy.
If you would like to see how Idaho Falls Disability Insurance can benefit you please give us a call!